Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Dow Giving Back Early Gains

As the first 90 minutes of trading today comes to a close, Wall Street has lost almost all of its early rally, possibly driven down by the historically low consumer confidence numbers just released.

The Dow is barely above water, trading up about 20 to 50 points.

The S&P 500 and the Nasdaq are both flirting with negative territory.

The next hope for the markets is today's Fed Reserve meeting. A rate cut is widely anticipated at its conclusion tomorrow.

-- Frank Ahrens

The Ticker is Twittering!

By Frank Ahrens  |  October 28, 2008; 11:05 AM ET
Categories:  The Ticker  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Consumer Confidence Lowest Ever
Next: Whirlpool to Drain 5,000 Jobs

No comments have been posted to this entry.

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company